Search found 5 matches

by tonyleatham
Tue Oct 11, 2022 3:09 pm
Forum: Managing your property
Topic: Business Rates, Multiple Properties
Replies: 1
Views: 363

Business Rates, Multiple Properties

Hi I've been operating a successful let for a few years now and it's worked so well that I'm considering expanding my empire a bit In fact, having discussed things with my mortgage advisor and accountant, I'm toying with the idea of incorporating i.e. setting up a company and buying a number of prop...
by tonyleatham
Wed Aug 16, 2017 7:13 am
Forum: Just starting out
Topic: SDLT on FHL
Replies: 7
Views: 1601

This is indeed an interesting discussion. We purchased a second property last year and rushed it through to avoid this impact. I don't think it wise to assume that any government policies are aligned. The 3% additional charge is for all second properties as far as I can see. Our property as a "...
by tonyleatham
Sun Aug 13, 2017 8:28 pm
Forum: Just starting out
Topic: SDLT on FHL
Replies: 7
Views: 1601

I went full circle twice with my solicitor when recently buying mine. Originally they said I wouldn't pay the 3% as it is non residential. There is a restriction on living in the property other than as a 2nd home or holiday let. It is also an existing 'business' I agreed. The purpose of the 3% is t...
by tonyleatham
Wed Aug 09, 2017 3:57 pm
Forum: Just starting out
Topic: SDLT on FHL
Replies: 7
Views: 1601

I know nothing about this but when I want to find a post from Laymyhat I just google "laymyhat plus the subject matter". This is what came up: http://www.laymyhat.com/forum/viewtopic.php?p=323449&sid=66becb93ae0655c9b4fa98b71da94c95 Any use? Thanks - that wasn't the post I'd seen, but...
by tonyleatham
Wed Aug 09, 2017 9:42 am
Forum: Just starting out
Topic: SDLT on FHL
Replies: 7
Views: 1601

SDLT on FHL

Hi I have just had an offer accepted on a house I plan to operate as an FHL. This is something I've been considering and researching since the beginning of the year. During that time, I saw a post here where someone had received a judgement from HMRC that purchases for FHL would be considered as non...